Contracts, Invoices & Legal

Data breach extortion group ShinyHunters used social engineering to steal customer names, addresses and phone numbers from the blockchain lender. View the full article

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should focus on getting inflation to its 2% target before making any additional cuts to short-term interest rates. View the full article

The Federal Housing Finance Agency said it is reviewing more than 9,000 pages of records tied to fraud tips submitted through a hotline launched last April. View the full article

The bill, offered by Sens. Catherine Cortez Masto, D-Nev., and Todd Young, R-Ind., would allow Federal Home Loan Bank members to establish tax-exempt community infrastructure development bonds. View the full article

As the US‑Israel‑Iran war disrupts shipping through the Strait of Hormuz and boosts oil prices, investors and trade flows are responding, creating mixed pressures on mortgage rates, housing costs and building materials. View the full article

The House Financial Services Committee passed a legislative package heavily favored by banks in a 26-16 vote View the full article

Surveyed employees at top mortgage companies say pay is solid: 83% feel fairly compensated, with bonuses, benefits, and flexible options helping recognize hard work. View the full article

The lender will offer a comprehensive suite of residential lending programs and commercial lending solutions, such as builder construction loans. View the full article

A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill. View the full article

The average homebuyer would save $150 per month by using an adjustable-rate mortgage instead of a 30-year fixed-rate mortgage, according to Redfin. View the full article

The Federal Home Loan Bank system, a Depression-era program designed to shore up mortgage lending that has morphed into a go-to — and controversial — source of cheap financing for banks and other financial institutions. View the full article

Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home. View the full article

Finance of America has not disclosed any incident, but a consumer filed an immediate lawsuit over a lone report of a ransomware gang's recent hack. View the full article

Fintech Candid says its AI-powered newsletter platform can scrape social media and public data to help loan officers send hyper-personalized outreach at scale. View the full article

The integration allows servicers on ICE's MSP platform to deploy Kastle's AI agents without building custom infrastructure, Kastle said. View the full article

Quarterly filings are far from historic highs but rising more consistently, with concentrations in Florida, California and Texas, Attom's latest numbers show. View the full article

Housing starts increased 10.8% to an annual pace of 1.5 million homes in March, the highest since December 2024, according to figures released Wednesday by the Census Bureau. View the full article

The MBA's Market Composite Index found mortgage applications rose 1.7% on a seasonally-adjusted basis from one week prior for the period ending May 8. View the full article

Current CEO Rick Thornberry is retiring as Radian shifts to a multi-line business, with former Mr. Cooper President Mike Weinbach taking over on Aug. 13. View the full article

The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing. View the full article

The data suggest U.S. homebuilders are successfully luring buyers off the sidelines with aggressive sales incentives. View the full article

Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations. View the full article

Equifax will hold costs for scores from FICO rival Vantagescore through 2027 and offer other incentives meant to drive adoption of the alternative metric. View the full article

The housing agency director told Sen. Cortez Masto a Federal Home Loan Bank reform review is ongoing and took issue with Sen. Warren's inquiries about meeting transparency. View the full article

Third-quarter mortgage earnings revealed swings in profitability, but the real story, according to the Chairman of Whalen Global Advisors, is that hedging MSRs is unnecessary for well-managed lenders. View the full article